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Bank of America Study Shows Darker Side of Mobile

Bank Innovation

Make no mistake, Bank of America is committed to mobile, and reveals more about its work on the platform than most banks. One example is the inclusion of BofA’s mobile check deposit figures in its quarterly earnings call. Few, if any of other banks, lay it out so starkly. That’s why Read More.

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Not Even Millennials Care About Mobile Payments, Studies Show

Bank Innovation

Turns out even millennials don’t care that much about mobile payments. According to a report presented by the tech consultancy Accenture at Money20/20, the number of those of us in North America who use our mobile phones to pay at the point of sale hasn’t changed in the slightest since last year, Read More.

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How Pilot Is Innovating Corporate Taxes For Millennial-Run Businesses

PYMNTS

Recent research finds that 67 percent of millennial business owners operate independent companies rather than franchises. Recent research finds that 67 percent of millennial business owners operate independent companies rather than franchises. Proper tax education is critical to any business’s future, Daher said.

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Mastercard’s Master Plan: Give Millennials What They Want

PYMNTS

is a rally cry that would perk the ears of many millennials, but how about “ Mastercard , assemble?”. Assemble for millennials is a toolkit that issuers, corporations and IBCUs can use to enable digital financial solutions, in this case targeting millennials, using a single-access digital prepaid product. What Millennials Want.

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Credit Unions Move (Slowly) Toward Zelle

Bank Innovation

PREMIUM - Millennials have Venmo, banks have Zelle, but what’s the P2P payments preference for credit unions? In fact, credit unions like America First Credit Union and Mountain America Federal Credit Union are already connected to Zelle’s platform. […].

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Things worth reading: 27th July 2018

Chris Skinner

Things we’re reading today include … This Is the Bank with the Worst Reputation in America Metro Bank has a credibility problem Why bank mergers are always riskier than markets think Study Reveals Millennials Shun Banks with Poor Online Service Starling Bank card design reflects ‘how we actually use our … The post Things worth (..)

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Plastic Pulls Weight With Millennials?

PYMNTS

In an interview with Joseph Daly, COO of Paysafe Payments Processing, North America, the executive said that within the U.S., “you millennials), “plastic does not even have to be a card anymore; it means access to … schemes such as Visa and Mastercard, perhaps through mobile devices … they will get on that and stay on that.”.